Acuity Signal Centre: Crypto 28 Mar 2022

28 Mar 2022
8.15pm SGT

LTCUSD

Bias: Bullish

We look to Buy at 124.40 with target prices of 132.10 and 135.10, and a stop price of 121.15

Confidence: 80%

Technical Analysis

  • Preferred trade is to buy on dips
  • Previous resistance, now becomes support at 124.00
  • The bias is still for higher levels and we look for any dips to be limited
  • 20 4hour EMA is at 1124.11

RIPPLE

Bias: Bullish

We look to Buy at 0.842 with target prices of 0.884 and 0.904, and a stop price of 0.827

Confidence: 60%

Technical Analysis

  • Daily signals are mildly bullish
  • Dips continue to attract buyers
  • We look to buy dips
  • Trend line support is located at 0.840

ETHEREUM

Bias: Bearish

We look to Sell a break of 3298 with target prices of 3103 and 3033, and a stop price of 3371

Confidence: 40%

Technical Analysis

  • We are trading at overbought extremes
  • A higher correction is expected
  • A break of bespoke support at 3300, and the move lower is already underway

BITCOIN

Bias: Bullish

We look to Buy at 45144 with target prices of 47288 and 48188, and a stop price of 44288

Confidence: 60%

Technical Analysis

  • Daily signals are bullish
  • Previous resistance at 45000 now becomes support
  • We look for a temporary move lower
  • We look to buy dips
  • 20 4hour EMA is at 45200

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